Micromobility.com Takes a Further Step in Its Development Focusing on the Hydrogen Sector With Hopium

Micromobility.com (NASDAQ: MCOM) a frontrunner in sustainable urban transportation and micro-mobility solutions, is making strides towards a greener future by signing a Letter of Intent (LOI) with Atlas Special Opportunities regarding Hopium (ALHPI.PA). Micromibility.com is negotiating with Atlas Special Opportunities a deal whereby Micromobility could become an important and long-term shareholder of Hopium. By the terms of this letter, Micromobility.com’s investment will accelerate Hopium’s R&D and growth.

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Hopium will gain access to the worldwide micromobility market expected to grow at a CAGR of 16.5% between 2023 and 2028, reaching a value of around USD 109.9 bn by 2028 from approximately USD 43.8 bn in 2022.

micromobility.com is considering the purchase of Hopium Convertible Bonds from Atlas Special Opportunities for an amount of approximately USD 3m to become a long-term shareholder in Hopium.

This LOI signifies micromobility.com's commitment and interest in integrating cutting-edge technology into the micro-mobility industry.

A Trailblazing Collaboration

micromobility.com's strategic partnership with Hopium would mark a groundbreaking chapter in micro-mobility innovation. Hopium, a vanguard in hydrogen fuel cell engineering, is renowned for its expertise and innovative prowess. Leveraging the potential of hydrogen fuel cells, Hopium stands at the forefront of sustainable energy production, particularly in designing compact, high-performance fuel cells tailored for the micro-mobility sector.

Hydrogen's Role in Mobility

Hydrogen's role in mobility is no longer a future forecast; it's today's headline. As a cornerstone of the energy metamorphosis, hydrogen is heralded as a clean, adaptive energy substitute, rising as a formidable contender to fossil fuels. Its compatibility with renewable energy sources further amplifies its significance in a green-driven economy. With soaring investments and recent technological leaps, hydrogen is rapidly solidifying its position in the mobility sector.

Hopium’s Vision: Hydrogen - The New Horizon

Under the visionary leadership of CEO Sylvain LAURENT, Hopium has set its sights on a pioneering vision for hydrogen. The company is committed to achieving TRL 6 certification by April 2024, a pivotal step toward expediting the industrialization and sales of its patented hydrogen technology.